Data for Sheridan Company is given below: (a) Your answer has been saved. See score details after the due date. Sheridan Company has a beginning inventory in year one of $1,460,000 and an ending inventory of $1,760,000. The price level has increased from 100 at the beginning of the year to 110 at the end of year one. Calculate the ending inventory under the dollar-value LIFO method. Ending inventory $ 1614000 Attempts: 1 of 1 used (b) At the end of year two, Sheridan's inventory is $1,955,000 in terms of a price level of 115 which exists at the end of year two. Calculate the inventory at the end of year two continuing the use of the dollar-value LIFO method. Ending inventory $ Save for Later Attempts: 0 of 1 used Submit